VOLVO FINANS NORGE AS

1081 OSLO

Finances

Share Ownership

Return on Equity

9,09 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 739 000	91 184 000	88 695 000	73 892 000
Net Income	38 999 000	29 684 000	26 542 000	24 036 000
Total Assets	4 306 728 000	3 695 133 000	3 447 877 000	3 581 090 000
Total Equity	428 804 000	389 805 000	360 121 000	333 579 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 739 000	91 184 000	88 695 000	73 892 000
Expenditure	45 711 000	40 710 000	39 927 000	41 462 000
Operating Profit	48 028 000	50 474 000	48 768 000	32 430 000
Financial Income	0	0	0	0
Financial Costs	−2 064 000	12 361 000	14 716 000	1 605 000
Financial Balance	2 064 000	−12 361 000	−14 716 000	−1 605 000
Earnings Before Tax	50 092 000	38 113 000	34 052 000	30 825 000
Tax	−11 093 000	−8 429 000	−7 510 000	6 789 000
Net Income	38 999 000	29 684 000	26 542 000	24 036 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	31 000	52 000	277 167 000
Total Current Assets	4 303 798 000	3 693 919 000	3 443 655 000	3 297 867 000
Total Assets	4 306 728 000	3 695 133 000	3 447 877 000	3 581 090 000
Total Retained Equity	373 514 000	334 515 000	304 831 000	278 289 000
Total Equity	428 804 000	389 805 000	360 121 000	333 579 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	0	0	3 247 511 000
Total Equity and Debt	4 306 728 000	3 695 133 000	3 447 877 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	93 739 000	91 184 000	88 695 000	73 892 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 094 000	11 616 000	11 718 000	12 321 000
Depreciation	14 000	21 000	28 000	25 000
Impairment	0	0	0	0
Expenditure	45 711 000	40 710 000	39 927 000	41 462 000
Operating Profit	48 028 000	50 474 000	48 768 000	32 430 000
Financial Income	0	0	0	0
Financial Costs	−2 064 000	12 361 000	14 716 000	1 605 000
Financial Balance	2 064 000	−12 361 000	−14 716 000	−1 605 000
Dividends	0	0	0	0
Net Income	38 999 000	29 684 000	26 542 000	24 036 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	59 000
Total Tangible Assets	17 000	31 000	52 000	59 000
Total Fiancial Fixed Assets	0	0	0	277 108 000
Total Fixed Assets	17 000	31 000	52 000	277 167 000
Stock	0	0	0	0
Total Investments	0	0	0	6 056 000
Cash, Bank	0	0	0	0
Total Current Assets	4 303 798 000	3 693 919 000	3 443 655 000	3 297 867 000
Total Assets	4 306 728 000	3 695 133 000	3 447 877 000	3 581 090 000
Total Equity	428 804 000	389 805 000	360 121 000	333 579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 877 924 000	3 305 328 000	3 087 756 000	3 247 511 000
Total Current Debt	0	0	0	3 247 511 000
Total Equity and Debt	4 306 728 000	3 695 133 000	3 447 877 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	9,09 %	7,62 %	7,37 %	7,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,24 %	55,35 %	54,98 %	43,89 %
Current Ratio	-	-	-	1,02
Quick Ratio	-	-	-	1,02
Equity Ratio	0,1	0,11	0,1	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %